Intland Software Achieves Stellar Growth Rate in HY 2016
Following last year’s success as Intland Software achieved 80% revenue growth in 2015 over the previous year, the company continues to advance its growth in 2016. Due to the ongoing success of codeBeamer among Application Lifecycle Management platforms, and the increasing need to deploy Agile practices, the company’s performance in the first 6 months of 2016 has increased by 59% compared to the same period last year.
Following Ovum’s recognition of codeBeamer ALM as a market leading Application Lifecycle Management tool, as well as the signing of renowned brands such as KIA or Hyundai AutoEver as customers, Intland Software continues to pursue its rapid growth agenda. Large-scale installations of codeBeamer ALM include FESTO with over 3,500 users, and Lufthansa Systems, where over 5000 users are relying on codeBeamer to enhance internal processes and collaboration between team members.
As half-year financial results, as well as our expanding list of satisfied customers show, interest in the most Agile ALM platform on the market is growing. Scaled Agile, SAP ERP integration, and ALM-PLM integration to support IoT product innovation are increasingly important for cutting-edge product developers worldwide, propelling the dynamic and organic growth of self-financed Intland Software.
More and more companies involved in safety-critical development realize that integrated Application Lifecycle Management can greatly support their goals of reducing development costs and time, while maintaining compliance and the high quality of their mission-critical end products. Due to its preconfigured templates and robust yet flexible feature set, codeBeamer ALM aptly supports regulatory compliance in the development of medical devices, automotive embedded systems and aviation software.
Paired with its outstanding Agile features to promote collaboration, to accelerate innovation, and to reduce the time and effort costs of process control and documentation, codeBeamer is becoming the tool of choice for high-tech companies worldwide. Its powerful workflow engine with Business Process Management capabilities enable the docking of PLM systems into ALM, connecting both processes and data throughout the entire product development lifecycle.
As Michael Azoff, Ovum’s Principal Analyst states in Ovum’s Decision Matrix (download the document for free by filling in the form below):
“The rise of software content in engineered products has helped grow this part of the ALM market and helped propel Intland and its business process automation approach to the front line of ALM vendors. Ovum was impressed by Intland, and this is the first time the company has appeared in an ODM. Intland will need to continue to innovate to stay ahead in the market and it is showing evidence of being able to meet this challenge.”